AURORA, Ill., Jan 22 (Reuters) -
1997 1996
Shr basic profit $0.04 loss $0.19
Shr diluted prof $0.04 N/A
Net profit 1,433 loss 6,748
Revs 21,622 18,057
Avg shrs basic 36,358 36,310
Avg shrs diluted 36,745 N/A
9 MONTHS
Shr basic loss $0.21 loss $0.29
Shr diluted N/A N/A
Net loss 7,604 loss 10,365
Revs 4,086 6,714
Avg shrs basic 36,339 35,815
Avg shrs diluted N/A N/A
(All data above 000s except per share numbers)
NOTE: Full name of company is Westell Technologies Inc
Includes charge for additional inventory reserves of $400,000
and $5 million in the quarters ended December 31, 1997 and 1996,
respectively, related to excess and obsolete ADSL piece parts and
produce inventory.
Third quarter 1997 figures include one-time restructuring
charge of $1.4 million, and a one-time benefit of $12 million, net
of expenses, for a break-up fee received from Texas Instruments
related to proposed Westell/Amati merger.
REUTERS
Rtr 16:38 01-22-98
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.................. Bob |
